The Wisdom of Crowds ~ James Surowiecki

1 - More diverse the group - more intelligent it is
2 - Bigger the group - more intelligent it is
3 - Group hierarchy
4 - Independently thinking people
5 - How to coordinate the groups
6 - Group cooperation

James Surowiecki, author of The Wisdom of Crowds and columnist for The New Yorker, explained to us exactly why humans are so much more powerful together than they are alone—and how to harness that power.
James uses the term “Collective Wisdom” to speak about what happens when we collaborate -- and the result is far better than work done alone. Together, we can make better decisions, forecast the future, and innovate. That’s the incredible power that community professionals can harness. The key here is creating an environment where communities can collaborate intelligently. The defining elements for this environment are diversity and a positive space for independent thinking. Diverse groups explore larger “solution spaces,” explains James. Even if members of your group, then, know less, they still add value if what they know is different.
Community leaders of any type should take this advice to heart, inviting new members into their communities, amplifying diverse voices, and ensuring that their members are able to express their opinions and thoughts freely and openly.

In this fascinating book, New Yorker business columnist James Surowiecki explores a deceptively simple idea: Large groups of people are smarter than an elite few, no matter how brilliant–better at solving problems, fostering innovation, coming to wise decisions, even predicting the future.

With boundless erudition and in delightfully clear prose, Surowiecki ranges across fields as diverse as popular culture, psychology, ant biology, behavioral economics, artificial intelligence, military history, and politics to show how this simple idea offers important lessons for how we live our lives, select our leaders, run our companies, and think about our world.

source: https://www.youtube.com/watch?v=pTI6u_gbilY